Butterfly Network - BFLY Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Butterfly Network in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BFLY shares.
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2 Wall Street analysts have issued 1-year price objectives for Butterfly Network's shares. Their BFLY share price forecasts range from $7.00 to $9.50. On average, they expect the company's share price to reach $7.63 in the next year. This suggests a possible upside of 44.7% from the stock's current price.
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Butterfly Network's stock was trading at $6.69 at the start of the year. Since then, BFLY stock has decreased by 21.2% and is now trading at $5.27.
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Butterfly Network saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 24,220,000 shares, an increase of 9.4% from the August 31st total of 22,140,000 shares. Based on an average daily trading volume, of 2,710,000 shares, the short-interest ratio is presently 8.9 days. Currently, 17.0% of the shares of the stock are short sold.
View Butterfly Network's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 21st 2022.
View our BFLY earnings forecast.

Butterfly Network, Inc. (NYSE:BFLY) issued its quarterly earnings data on Wednesday, August, 3rd. The company reported ($0.18) EPS for the quarter, beating analysts' consensus estimates of ($0.27) by $0.09. The business earned $19.22 million during the quarter. Butterfly Network had a negative trailing twelve-month return on equity of 25.69% and a negative net margin of 159.44%. During the same period in the prior year, the business earned ($0.19) EPS.

Butterfly Network issued an update on its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $83.00 million-$88.00 million, compared to the consensus revenue estimate of $83.00 million.

Butterfly Network trades on the New York Stock Exchange (NYSE) under the ticker symbol "BFLY."

Shares of BFLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BFLY stock can currently be purchased for approximately $5.27.

Butterfly Network (NYSE:BFLY) has a market capitalization of $1.05 billion and generates $62.56 million in revenue each year. The company earns $-32,410,000.00 in net income (profit) each year or ($0.55) on an earnings per share basis.

The company employs 463 workers across the globe.

Butterfly Network's mailing address is 530 OLD WHITFIELD STREET, GUILFORD CT, 06437. The official website for the company is www.butterflynetwork.com. The company can be reached via phone at 203 689 5650 or via email at investors@butterflynetwork.com.